BlockBeats News, July 17th. Beata Manthey, European Equities Strategist at Citigroup, shared her views on the stock market, stating that the current weakness is not a signal of a market crash but a "violent rotation" of the market into a broader field.

Beata stated, "The long-awaited broad market uptrend is unfolding, but to achieve this, we must undergo a violent sector rotation. The current market volatility, although intense, is fundamentally about funds seeking new pockets of value."

Beata recommended the European financial sector, especially bank stocks, defining it as a "counter AI trade." She pointed out that European bank stocks have an independent bullish thesis that is not reliant on tech themes. Currently, European corporate earnings revisions are nearing historical highs, with 80% of industries receiving upward valuation adjustments from analysts. She believes that if investors can filter out short-term fluctuations, the outlook for holding stocks over the next 6 to 12 months remains positive.